Description
BSE lists two new debt securities of Avanse Financial Services Limited with 9% and 8.9% interest rates on private placement basis.
Summary
BSE has listed two new debt securities of Avanse Financial Services Limited on private placement basis effective July 28, 2025. The securities include 7,500 units each of 9% debentures maturing in 2028 and 8.9% debentures maturing in 2027.
Key Points
- Two debt securities listed: AFSL-9%-24-7-28-PVT and AFSL-8.9%-10-9-27-PVT
- Face value of Rs. 1,00,000 each with market lot size of 1
- Credit rating: CRISIL AA-/Stable for both securities
- Securities will trade only in dematerialized form
- Tick size: 1 paise
Security Details
Security 1:
- Scrip Code: 976949
- Interest Rate: 9% p.a. (annual payment)
- Maturity: July 24, 2028
- ISIN: INE087P07477
Security 2:
- Scrip Code: 976950
- Interest Rate: 8.9% p.a. (annual payment)
- Maturity: September 10, 2027
- ISIN: INE087P07485
Important Dates
- Date of Allotment: July 24, 2025
- Listing Date: July 28, 2025
- Interest Payment Frequency: Annual
Impact Assessment
Routine debt security listing with minimal market impact. Provides additional investment options for debt market participants seeking AA-rated corporate bonds with competitive interest rates.
Impact Justification
Routine debt security listing with no significant market impact